Intellectual Capital or Wissenbilanz
published by: Journal of Intellectual Capital, 08.03.2007
Intellectual capital (IC) or Wissensbilanz process: some German experiences
Leif Edvinsson (Lund University, Lund, Sweden) and Mart Kivikas (Wissenskapital E&K GmbH, Oberreichenbach, Germany)
Purpose – This article aims to summarise a successful, pioneering prototyping project in Germany with IC statements, supported by the German Ministry of Labour and Economics (BMWA).
Design/methodology/approach – A systematic process view method has been applied. A special impact scoring method generates a map, enabling management to determine where they should give
executive priority for intellectual capital investment.
Findings – Most of the participating companies would like to have a more standardized Wissensbilanz with indicators for added value in order to use the tool as a complimentary report
(management report) for the purpose of external reporting as well as comparison.
Originality/value – The project has now inspired some 100 enterprises of different types and is now
spreading outside Germany.
Keywords – Intellectual capital, Financial reporting, Flowcharts, Germany
Paper type – General review
Kivikas/Edvinsson: Intellectual Capital (IC) or Wissensbilanz process: some German experiences, Journal of Intellectual Capital, Vol. 8, No. 3 2007, pp 376. – 385. Emerald Group.